International Paper (IP) — Cash Flow Reinvestment Rate

Latest as of June 2026: 1.01x

International Paper (IP) has a Cash Flow Reinvestment Rate of 1.01x as of June 2026, reinvesting $533.00 Million (capex $533.00 Million ) from operating cash flow of $526.00 Million. See International Paper free cash flow ratio to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

1.01x
(Capex + Investments) / Operating CF

Total Reinvested

$533.00 Million
Capex + Investments

Operating Cash Flow

$526.00 Million
USD

Capital Expenditures

$533.00 Million
USD

International Paper Cash Flow Reinvestment Rate (1989–2025)

Historical reinvestment intensity for International Paper across 37 annual periods. For the full cash flow conversion analysis, see cash flow conversion of International Paper.

Annual Cash Flow Reinvestment Rate for International Paper (1989–2025)

Year-by-year capital reinvestment analysis for International Paper. See International Paper leverage flexibility ratio to measure the company's free cash flow as a share of total liabilities.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2025 1.09x $1.86 Billion $1.70 Billion $1.86 Billion ▲ +6.1%
2024 1.03x $1.73 Billion $1.68 Billion $921.00 Million ▲ +4.1%
2023 0.99x $1.81 Billion $1.83 Billion $1.14 Billion ▲ +39.8%
2022 0.71x $1.54 Billion $2.17 Billion $931.00 Million ▼ -1.4%
2021 0.72x $1.46 Billion $2.03 Billion $549.00 Million ▲ +75.7%
2020 0.41x $1.25 Billion $3.06 Billion $751.00 Million ▼ -42.8%
2019 0.71x $2.58 Billion $3.61 Billion $1.28 Billion ▼ -26.7%
2018 0.97x $3.14 Billion $3.23 Billion $1.57 Billion ▼ -38.5%
2017 1.58x $2.78 Billion $1.76 Billion $1.39 Billion ▼ -19.0%
2016 1.96x $4.85 Billion $2.48 Billion $1.35 Billion ▲ +199.4%
2015 0.65x $1.69 Billion $2.58 Billion $1.49 Billion ▲ +28.5%
2014 0.51x $1.56 Billion $3.08 Billion $1.37 Billion ▲ +28.5%
2013 0.40x $1.20 Billion $3.03 Billion $1.20 Billion ▼ -17.8%
2012 0.48x $1.43 Billion $2.97 Billion $1.38 Billion ▲ +11.1%
2011 0.43x $1.16 Billion $2.67 Billion $1.16 Billion ▼ -8.8%
2010 0.48x $775.00 Million $1.63 Billion $775.00 Million ▲ +314.2%
2009 0.11x $534.00 Million $4.66 Billion $534.00 Million ▼ -69.4%
2008 0.38x $1.00 Billion $2.67 Billion $1.00 Billion ▼ -45.0%
2007 0.68x $1.29 Billion $1.89 Billion $1.29 Billion ▼ -17.3%
2006 0.83x $1.01 Billion $1.22 Billion $1.01 Billion ▲ +7.9%
2005 0.76x $1.16 Billion $1.51 Billion $1.16 Billion ▲ +44.7%
2004 0.53x $1.26 Billion $2.39 Billion $1.26 Billion ▼ -17.4%
2003 0.64x $1.17 Billion $1.82 Billion $1.17 Billion ▲ +32.8%
2002 0.48x $1.01 Billion $2.09 Billion $1.01 Billion ▼ -21.3%
2001 0.61x $1.05 Billion $1.71 Billion $1.05 Billion ▲ +10.0%
2000 0.56x $1.35 Billion $2.43 Billion $1.35 Billion ▼ -15.6%
1999 0.66x $1.14 Billion $1.73 Billion $1.14 Billion ▲ +5.0%
1998 0.63x $1.05 Billion $1.67 Billion $1.05 Billion ▼ -29.8%
1997 0.89x $1.11 Billion $1.24 Billion $1.11 Billion ▲ +11.6%
1996 0.80x $1.39 Billion $1.74 Billion $1.39 Billion ▲ +18.7%
1995 0.68x $1.52 Billion $2.25 Billion $1.52 Billion ▼ -22.7%
1994 0.87x $1.11 Billion $1.27 Billion $1.11 Billion ▼ -16.4%
1993 1.05x $971.00 Million $929.00 Million $971.00 Million ▼ -26.4%
1992 1.42x $1.53 Billion $1.08 Billion $1.53 Billion ▲ +23.2%
1991 1.15x $1.33 Billion $1.15 Billion $1.33 Billion ▲ +13.3%
1990 1.02x $1.41 Billion $1.39 Billion $1.41 Billion ▲ +8.0%
1989 0.94x $1.34 Billion $1.42 Billion $1.34 Billion
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow